Karnataka Bank has announced the appointment of Mr. Raghavendra S Bhat as its Managing Director & CEO, effective from July 16, 2025, for a period of three months. This appointment is subject to shareholder approval at the upcoming Annual General Meeting or within three months from the date of assuming charge, as per SEBI (LODR) Regulations, 2015.
Mr. Bhat has previously served as the COO of Karnataka Bank and brings nearly four decades of experience to his new role.
Chairman Mr. P Pradeep Kumar stated, "We are happy to welcome back Mr. Raghavendra S Bhat to Karnataka Bank. His wealth of experience and expertise will be invaluable in driving our continued growth and success. We look forward to working with him in delivering value to our customers and shareholders."
Mr. Raghavendra S Bhat commented, "I am proud to join Karnataka Bank as Managing Director & CEO. With over a century of trust and goodwill built by the Bank, I look forward to working with all the stakeholders to further build and grow on that strong foundation."
The bank is confident that Mr. Bhat's leadership will contribute to its continued growth and success.
